MGP Net Invested Capital vs Retained Earnings Analysis
| MGPI Stock | USD 46.75 0.13 0.28% |
MGP Ingredients financial indicator trend analysis is infinitely more than just investigating MGP Ingredients recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MGP Ingredients is a good investment. Please check the relationship between MGP Ingredients Net Invested Capital and its Retained Earnings accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MGP Ingredients. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. For more detail on how to invest in MGP Stock please use our How to Invest in MGP Ingredients guide.
Net Invested Capital vs Retained Earnings
Net Invested Capital vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MGP Ingredients Net Invested Capital account and Retained Earnings. At this time, the significance of the direction appears to have very strong relationship.
The correlation between MGP Ingredients' Net Invested Capital and Retained Earnings is 0.87. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of MGP Ingredients, assuming nothing else is changed. The correlation between historical values of MGP Ingredients' Net Invested Capital and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of MGP Ingredients are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Net Invested Capital i.e., MGP Ingredients' Net Invested Capital and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.87 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Most indicators from MGP Ingredients' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MGP Ingredients current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MGP Ingredients. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. For more detail on how to invest in MGP Stock please use our How to Invest in MGP Ingredients guide.As of now, MGP Ingredients' Selling General Administrative is increasing as compared to previous years. The MGP Ingredients' current Enterprise Value is estimated to increase to about 2.6 B, while Tax Provision is projected to decrease to under 20 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 4.0M | 5.5M | 6.6M | 7.0M | Depreciation And Amortization | 19.1M | 21.5M | 22.1M | 13.2M |
MGP Ingredients fundamental ratios Correlations
Click cells to compare fundamentals
MGP Ingredients Account Relationship Matchups
High Positive Relationship
High Negative Relationship
MGP Ingredients fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 322.6M | 366.6M | 1.0B | 1.2B | 1.4B | 1.5B | |
| Short Long Term Debt Total | 45.3M | 42.9M | 240.4M | 242.0M | 301.9M | 317.0M | |
| Other Current Liab | 9.4M | 18.6M | 22.0M | 24.9M | 26.5M | 27.8M | |
| Total Current Liabilities | 39.3M | 53.3M | 88.8M | 105.4M | 114.1M | 119.8M | |
| Total Stockholder Equity | 231.0M | 262.5M | 644.3M | 745.6M | 850.5M | 893.0M | |
| Property Plant And Equipment Net | 134.9M | 137.1M | 217.0M | 250.7M | 276.3M | 290.1M | |
| Net Debt | 42.0M | 21.3M | 218.8M | 194.1M | 283.5M | 297.6M | |
| Retained Earnings | 230.8M | 262.9M | 344.2M | 443.1M | 539.9M | 566.9M | |
| Cash | 3.3M | 21.7M | 21.6M | 47.9M | 18.4M | 10.9M | |
| Non Current Assets Total | 138.4M | 144.3M | 674.4M | 704.0M | 878.1M | 922.0M | |
| Non Currrent Assets Other | 1.6M | 4.9M | (58.8M) | (62.3M) | 3.3M | 3.5M | |
| Cash And Short Term Investments | 3.3M | 21.7M | 21.6M | 47.9M | 18.4M | 11.2M | |
| Net Receivables | 41.9M | 57.0M | 98.1M | 113.6M | 145.5M | 152.7M | |
| Common Stock Shares Outstanding | 17.0M | 16.9M | 21.0M | 22.1M | 22.2M | 14.6M | |
| Liabilities And Stockholders Equity | 322.6M | 366.6M | 1.0B | 1.2B | 1.4B | 1.5B | |
| Non Current Liabilities Total | 52.3M | 50.7M | 308.4M | 307.2M | 429.2M | 450.6M | |
| Inventory | 136.9M | 141.0M | 245.9M | 289.7M | 346.9M | 364.2M | |
| Other Current Assets | 2.0M | 2.6M | 1.5M | 3.0M | 3.6M | 4.2M | |
| Other Stockholder Equity | (6.2M) | (7.6M) | 293.4M | 297.2M | 304.3M | 319.5M | |
| Total Liab | 91.6M | 104.0M | 397.2M | 412.6M | 543.3M | 570.4M | |
| Property Plant And Equipment Gross | 134.9M | 137.1M | 207.3M | 235.6M | 503.6M | 528.8M | |
| Total Current Assets | 184.2M | 222.3M | 367.1M | 454.2M | 514.3M | 540.0M | |
| Accumulated Other Comprehensive Income | (246K) | 486K | 354K | (304K) | (397K) | (416.9K) | |
| Short Term Debt | 401K | 3.7M | 6.1M | 9.4M | 9.7M | 10.2M | |
| Accounts Payable | 29.5M | 30.3M | 53.7M | 66.4M | 73.6M | 77.3M | |
| Other Liab | 7.3M | 9.4M | 71.2M | 70.8M | 81.5M | 85.5M | |
| Other Assets | 3.5M | 7.1M | 7.3M | 4.8M | 5.5M | 5.8M | |
| Long Term Debt | 40.7M | 38.3M | 230.2M | 224.7M | 280.8M | 294.9M | |
| Treasury Stock | (20.2M) | (23.1M) | (22.4M) | (21.6M) | (19.4M) | (20.4M) | |
| Property Plant Equipment | 128.4M | 132.0M | 207.3M | 235.6M | 271.0M | 284.5M | |
| Net Tangible Assets | 231.0M | 262.5M | 644.8M | 746.7M | 858.7M | 901.7M | |
| Retained Earnings Total Equity | 230.8M | 262.9M | 344.2M | 443.1M | 509.5M | 535.0M | |
| Long Term Debt Total | 40.7M | 38.3M | 230.2M | 224.7M | 258.4M | 271.4M | |
| Capital Surpluse | 14.0M | 15.5M | 315.8M | 318.8M | 366.7M | 385.0M |
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When determining whether MGP Ingredients offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MGP Ingredients' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mgp Ingredients Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mgp Ingredients Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MGP Ingredients. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. For more detail on how to invest in MGP Stock please use our How to Invest in MGP Ingredients guide.You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Is Distillers & Vintners space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MGP Ingredients. If investors know MGP will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MGP Ingredients listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.845 | Dividend Share 0.48 | Earnings Share 4.82 | Revenue Per Share 33.38 | Quarterly Revenue Growth (0.24) |
The market value of MGP Ingredients is measured differently than its book value, which is the value of MGP that is recorded on the company's balance sheet. Investors also form their own opinion of MGP Ingredients' value that differs from its market value or its book value, called intrinsic value, which is MGP Ingredients' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MGP Ingredients' market value can be influenced by many factors that don't directly affect MGP Ingredients' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MGP Ingredients' value and its price as these two are different measures arrived at by different means. Investors typically determine if MGP Ingredients is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MGP Ingredients' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.